Credit Card Deals
As of May 21, 2002
These rates compare with a national average credit-card rate of 13.46%.
If You Carry a Balance
| Institution/Phone Number | Interest Rate | Fee |
Chase Manhattan Bank
800-413-5661 |
4.75% |
$85 |
Wachovia Bank
800-922-4684 | 4.75% | $88 |
Pulaski Bank and Trust Co.
800-980-2265 | 5.50% |
$35 |
If You Pay Off the Entire Balance Monthly
| Institution/Phone Number | Interest Rate | Fee |
Chase Manhattan Bank
USA
800-413-5661 | 6.40% | $0 |
Generations Bank
877-788-3520 | 9.90% | $0 |
USAA Savings Bank
800-365-87220 |
10.00% |
$0 |
This month's tip from the Bank Rate Monitor: Personal bankruptcies are at a record level. Don't become a statistic. Use credit wisely and actively reduce debt loads now while rates are low.
Highest Money Market Yields
As of May 21, 2002
Annual percentage yield assumes that the interest earned on an account is
allowed to compound for a full year:
| Account | Highest | Minimum
Deposit | National Average |
Money Market
American Express CB
Midvale UT
888-356-1006 |
3.05% |
$5000 |
1.08% |
6-month CD
Legacy Bank
Hinton OK
800-687-9688
|
2.90% |
$10000 |
1.82 |
1-year CD
ING Direct
Wilmington DE
800-ING-DIRECT |
3.30% |
$100 |
2.24% |
2.5-year CD
Northwest Georgia
Ringgold GA
706-965-3000
|
4.50% |
$10000 |
3.12% |
5-year CD
Capital One FSB
Falls Church VA
800-564-7426 |
5.55% |
$10000 |
4.43% |
